Real Breakdown of Costs to Set up an LLC
Ever wondered how much it really costs to set up an LLC? We've gathered every possible cost so you can know how to prepare your budget. State Filing Fees; Each state charges a different amount to file an LLC. This can range between $40 to $500. Registered Agent Fees; A professional RA can cost you between $100 to $300 per year. Annual Repor Fees; Many states require all LLCs to file an annual report. The fees for filing such a report vary, from $0 per year in some states and to $300+ per year in other states. LLC Taxes; In most states, LLCs are taxed as pass-through entities. However, some states require LLCs to pay additional taxes, no matter how their business did, these taxes can be between $150 per year to $800 per year. Publication Fees; In some states, LLCs are required to notify residents of their LLC’s formation by publishing an AD in the newspaper. This fee can vary from $25 to $50 depending on the state.
